SLT-Mobitel has successfully hosted the first ‘Innovation Day 2023, supporting staff and budding external entrepreneurs. The Innovation Day featured an exciting line-up of exhibits at ‘The Embryo’ R&D Unit, and showcasednovel products such as

People’s Bank is currently offering Apple iPhones for selected individuals who have subscribed to the bank’s YouTube channel. The lucky winner of the Apple iPhone 15 at the recent draw was Sanduni Wathsala from Dummalasuriya. The prize was prese

The Sri Lanka Standards Institution (SLSI) recently paid a special tribute to Commercial Bank of Ceylon in recognition of the bank’s victory at the Global Performance Excellence Awards of the Asia Pacific Quality Organisation (APQO) last year. Comm

Ceylon Tobacco Company PLC (CTC) has achieved the ‘Top Employer’ title for the fourth consecutive year. The accreditation received acknowledges companies that prioritize the well-being and professional development of their employees, which promo

More than half of the respondents in the US have said that they would lie to get a job they really wanted, according to the latest survey by StandOut CV. Though the survey was conducted in the US, HRO believes the results remain relevant to the Asian

Continental Insurance Lanka Limited (CILL) has received the coveted Great Place to Work certification. Based on the survey, CILL employees endorsed ‘fairness’ as the company’s strength, specifically indicating employees feel most positively tha

Sri Lanka is in the midst of a quiet revolution, one that is not marked by political upheaval or technological breakthroughs, but by the subtle shifting of its demographic landscape.

Pan Asia Banking Corporation PLC reported a pre-tax profit of Rs.2,328 million for the year ended on December 31, 2023, which is a 258 percent increase compared to the corresponding period of last year, supported by the improved net interest income,

A boost to Sri Lanka’s wellness tourism is in the offing from Europe, following the launch of a digital campaign in an effort to position the country as a premier wellness destination in Asia. Interface Tourism, a leading marketing and communicatio

Lion Brewery (Ceylon) PLC said its beer volume sales fell 20 percent in the three months ended in December 2023, after a 12 percent decline seen in the previous three months, extending its quarters-long loss of volumes. The company mainly attributed

Sri Lanka’s North will witness a boost in connectivity, with the efforts to upgrade Jaffna International Airport (JIA) kicking off. The Airport & Aviation Services yesterday called for Expressions of Interest (EOIs) for enhancing facilities, infras

Two of Sri Lanka’s largest commercial banks have been penalised by the Central Bank for non-compliance with the provisions of the Financial Transactions Reporting Act. The Financial Intelligence Unit (FIU) of the Central Bank announced yesterday t

With a view to ensure continuity of businesses and job security of employees, the Central Bank (CB) has called for legal reforms to further strengthen Sri Lanka’s Parate execution law and other credit recovery laws in order to shorten the credit

Dialog Axiata PLC reported a profit for the three months ending in December, attributed to improved operating results....

Hatton National Bank PLC (HNB) for the financial year 2023 has delivered sustainable performance across liquidity....

Sri Lanka’s Financial Intelligence Unit (FIU) and the Excise Department signed a Memorandum of Understanding (MOU) to tackle....

PGP Glass Ceylon PLC reported lower revenues and profits in the three months ended in December 2023, in a sign that the....

In a new turn of events, Asia Capital Plc has gone to court seeking redress over the monies owed by the Belluna Co. Ltd. of Japan....

Japan International Cooperation Agency (JICA) is to support the construction of the second terminal of Bandaranaike International Airport...

The construction of the second terminal of BIA, which started in 2020 at a cost of Rs.145 billion, under the JICA soft loan...

SriLankan Cargo and cargo.one unveiled an exciting global partnership to bring the Sri Lankan national carrier’s cargo capacity...

Emirates SkyCargo was named International Airline of the Year at the STAT Times International Awards for Excellence in Air...

The Red Sea crisis sent ocean freight rates from the Far East to US spiralling by more than 150 percent but there appears...

Sri Lanka will see an increase in tourists from Israel, with Arkia Airlines set to operate direct flight to Colombo from March. Arkia...

The World Shipping Council (WSC) has proposed imposing additional environmental charges on shipping companies. The idea...

Given Sri Lanka’s recent interest in Thailand for trade and commerce, the officials from Hambantota International Port Group ...

Hatton National Bank PLC (HNB) kicked off its financial year with optimism, hoping that the worst of the financial crisis was...

Commercial Bank of Ceylon recently celebrated 16 years of successful operations of the ComBank Goldnet system – the bank’s....

Cash rewards totalling Rs.4 million are to be showered on Commercial Bank’s remittance customers in an early countdown....

Dialog’s fintech solution, Genie Business, took centre stage at the inauguration launch of India’s Unified Payment Interface ....